The short week produced little in the way of regulatory costs and benefits: just $18 million in costs and 3,200 paperwork burden hours. EPA’s proposed contingency plan for hazardous substances led the week.
For the second straight year, President Obama’s State of the Union address included a call for Congress to grant him Trade Promotion Authority (TPA). The revolt on the left has been nearly instantaneous.
The president made waves this past week with a series of higher education related announcements.
Chairman Alexander, Ranking Member Murray, and members of the committee, thank you for the opportunity to speak with you today regarding the Affordable Care Act’s (ACA) definition of full-time work and its impact on the labor market.
After a brief interlude to hear the president’s assertions that all is good in America — except that not everything is free, yet— and safe abroad, Congress has gotten back to business.
While the administration asserts that the low health care inflation rates are evidence of structural change to the health care system—primarily as a result of the Affordable Care Act—it is primarily a product of the overall low inflation environment.
The Medicare program provides health insurance coverage to individuals age 65 and older, as well as those with specified permanent disabilities. Coverage is available for a range of services, including inpatient care (Part A), physician services and outpatient care (Part B), and prescription drug services (Part D)—as well as an alternative, private plan (Medicare Advantage/Part C).
President Obama has come to be recognized as someone who would rather win an argument than get a deal. This trait was on full display in last night’s State of the Union address (SOTU), a campaign-style event long on rhetoric.
Congress, however, does have legislative tools to address these controversial new rules. The Congressional Review Act (CRA), passed in 1996, allows legislators to introduce a resolution of disapproval to rescind a regulation. If successfully passed, the rule “may not be reissued in substantially the same form.” In practice, this would end the life of the regulation permanently.